investiledysfunction

I’m a fan of straight talk as those who’ve read my blog know because there is a lack of it in the business world today as people tend to talk in euphimisms, jargon and platitudes all too often.

But there is a limit.  This weekend’s Wall Street Journal has an article Dov Charney and his company, American Apparel’s, growing pains.  (article available with password but a blog entry on WSJ is here)

Charney has built a very successful clothing company on the back of savvy marketing and merchandising but Charney who finds himself now the CEO of a publicly traded company probably should rein it in a bit.  He commented in an interview March 20 about his Chief Financial Officer, Ken Cieply, that Cieply “has no credibility” in the retail apparel industry and is a “complete loser.”  This probably is not a major morale booster for Cieply and also probably not smart for Charney to air American Apparel’s dirty laundry (pun intended).   

Tags: American Apparel, CFO, Dov Charney, Ken Cieply

This entry was posted on Sunday, April 13th, 2008 at 7:33 pm and is filed under Current Affairs, Ha Ha. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.